Scotiabank believes there is strong support for the EURUSD currency pair at the 1.12 level, indicating that if the price were to decrease, it is expected to find stability in that area.

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Scotiabank believes there is strong support for the EURUSD currency pair at the 1.12 level, indicating that if the price were to decrease, it is expected to find stability in that area.

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    EUR/USD is trading firm but off the daily high near 1.1275. Economists at Scotiabank analyze the pair’s outlook.

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